Asian Markets Fall Modestly, Unburdened by Big Names in Tech

Asian Markets Fall Modestly, Unburdened by Big Names in Tech Photo A stock board in Tokyo on Tuesday. Markets in Asia were down less than 1 percent by midday after a sharper drop the day before in New York. Credit Eugene Hoshiko/Associated Press HONG KONG — Asian markets fell on Tuesday after a tough day on Wall Street but were spared the full extent of the pain felt in the United States, thanks in part to a dearth of big technology names that trade in the region.
Market Snapshot View Full Overview Markets in Asia were down less than 1 percent by midday after a sharper drop the day before in New York, suggesting that Wall Street’s painful Monday would not turn into a global rout. Underlining that point, futures that track major United States stock indexes were modestly higher in Asian trading on Tuesday, meaning that many investors see a better day coming.
For the most part, global markets are responding to the same signals. Investors around the world have been unnerved by the prospec..

Jeweler to the Stars Flees as India Seethes Over Bank Fraud

Jeweler to the Stars Flees as India Seethes Over Bank Fraud NEW DELHI — Nirav Modi brightened Kate Winslet’s earlobes and made Taraji P. Henson’s collarbone glitter.
A jeweler to the stars, Mr. Modi attained wealth and fame at home in India in a few short years. He socialized with British royalty and rubbed elbows with Donald Trump Jr. He opened an opulent outlet on Madison Avenue in New York. In January, he met with Narendra Modi, India’s prime minister and no relation, at the annual gathering of the world’s elite in Davos, Switzerland.
Photo Clockwise from top left: Taraji P. Henson at the Oscars in 2017, Naomi Watts at the jeweler’s boutique opening in New York in 2015, Kate Winslet at the Oscars in 2016 and Rosie Huntington-Whiteley at a Nirav Modi dinner in London. Credit From upper left: Jordan Strauss/Invision, via Associated Press; Jamie McCarthy, via Getty Images; Jordan Strauss, via Invision, via Associated Press; David M. Benett, via Getty Images for Nirav Modi Today, he is..

Trade War, Oklahoma, March Madness: Your Evening Briefing

Trade War, Oklahoma, March Madness: Your Evening Briefing (Want to get this briefing by email? Here’s the sign-up.)
Good evening. Here’s the latest.
Photo Credit Richard Drew/Associated Press 1. The stock market tumbled.
The cause: tit-for-tat tariffs imposed by China, and tech’s dark hour of the soul.
Facebook is trying to contain the loss of about $100 billion in value. Amazon is under presidential attack.
And Tesla shares fell amid concerns about the electric car maker’s quarterly production numbers for its Model 3 sedan, which are expected in the next day or so. Elon Musk, the chief executive, joked for April Fool’s that the company had gone “completely and totally bankrupt.”
Market Snapshot View Full Overview _____
Photo Credit Doug Mills/The New York Times 2. “DACA is dead.”
Thus tweeted President Trump, venting about the Deferred Action for Childhood Arrivals program and blaming Democrats for failing to salvage it. But if history is a guide, his position on shielding young, u..